Rio Grande Foods

Laurel, Maryland

Classification

Private

Financials

Revenue & Profit

Revenue

Valuation

Valuation

Ratios

Revenue / EBITDA
$123 MM
Valuation / Revenue
$123 MM
Valuation / Employees
$123 MM
EBITDA / Revenue
$123 MM
1-Year CAGR (Revenue)
03
3-Year CAGR (Revenue)
11
1-Year CAGR (Employees)
19
3-Year CAGR (Employees)
96

People

Employee Figures

Employees

Key Executives

NameTitleSocialsEmailPhone
John DoeEmployee
--
Jane DoeEmployee
John DoeEmployee
John DoeEmployee

401K

Total Active Participants
1234
No. Participants with Account Balances
56789
Total Liabilities Start of Year
1234
Total Assets Start of Year
56789

Deals

M&A2024-03-15Completed

Seller

Founders Group

Investor Sponsors

NorthBridge PE

Deal Amount

$120M

Target Company Valuation

$1.20 MM

Techniques

Acquisition of Assets, Taken Private

Stake Tags

100%

Is PE deal

Yes

Is deal PE backed

Yes

Total Acquired

100%

Secondary Transaction2023-09-01Canceled

Target

BrightHealth Technologies

Seller

Early Investors Consortium

Investor Sponsors

--

Deal Amount

Undisclosed

Target Company Valuation

NaN

Techniques

Secondary Sale, Management Buy-out (MBO)

Stake Tags

Majority

Is PE deal

No

Is deal PE backed

Yes

Total Acquired

65%

Funding

About

About

Rio Grande Foods, operating under Rio Grande Food Products, Inc., is a family-owned food manufacturing and distribution company specializing in authentic Latin American food products. Founded in 1989, the company is headquartered in Laurel, Maryland. Rio Grande Foods focuses on delivering nostalgic Hispanic flavors to Latino communities across the United States and Canada, emphasizing quality ingredients and traditional recipes to preserve cultural heritage. Business/Product Breakdown: Rio Grande Foods offers an extensive portfolio of over 300 Hispanic food and beverage products, designed to evoke the authentic flavors of Latin America. Its product range includes bakery items like tortillas and pastries, beverages such as coconut milk and fruit-based drinks, canned and jarred goods like beans and salsas, dairy products including creamy cheeses, frozen foods such as tamales and pupusas, grains, snacks, and sweets. Notable products include Salvadoran tamales pisques and home-style salsa picante, available in mild and medium heat levels, made with all-natural ingredients like diced tomatoes, garlic, and cilantro. The company operates a vertically integrated manufacturing and distribution model, growing and supplying many raw materials to ensure freshness, quality, and cost competitiveness. Its modern factory in Laurel, Maryland, utilizes state-of-the-art machinery to produce goods distributed across 32 U.S. states and Canada. Products are sold through the company's e-commerce platform (www.riograndefoods.com), major retailers, and wholesale channels to restaurants and grocery stores, with a store locator to help consumers find nearby stockists.

Keywords

Keywords

Classified

Private